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Decreto-Lei n.º 158/2009

Resolution of the Assembly of the Republic no. 46/2009

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Summary

Decreto-Lei n.º 158/2009 is a Portuguese law that establishes a new legal framework for the supervision of credit institutions and financial companies. The law aims to strengthen the stability and safety of the financial system by establishing a comprehensive and harmonized set of rules for the supervision and regulation of financial institutions. It establishes the Bank of Portugal as the main regulatory authority responsible for supervising financial institutions and outlines the various tools and procedures available to the regulatory authority to ensure compliance with the established rules and regulations. The law also introduces new provisions related to transparency and disclosure, risk management, and corporate governance in the financial sector.

Thumbnail image for Decreto-Lei n.º 158/2009 is a Portuguese law that establishes a new legal framework for the supervision of credit institutions and financial companies. The law aims to strengthen the stability and safety of the financial system by establishing a comprehensive and harmonized set of rules for the supervision and regulation of financial institutions. It establishes the Bank of Portugal as the main regulatory authority responsible for supervising financial institutions and outlines the various tools and procedures available to the regulatory authority to ensure compliance with the established rules and regulations. The law also introduces new provisions related to transparency and disclosure, risk management, and corporate governance in the financial sector.
Issuer

Portugal

Year

2009

Region

Europe

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Professional, Scientific, & Technical Services
  • Finance & Insurance
  • Agriculture, Forestry, Fishing & Hunting
  • Manufacturing
Restrictiveness

Low

Sustainable Development Goals (SDGs)
  • SDG 8: Decent Work and Economic Growth
  • SDG 10: Reduced Inequality
  • SDG 15: Life on Land

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